Gurgaon's Sector 113: An In-Depth Look

Sector 113 in Gurgaon stands out as a highly desired area, especially for real estate investors or those looking for residential homes. This part gives a closer look at all the benefits Sector 113 offers.

Strategic Position

• Sector 113 sits at a beneficial spot along the Dwarka Expressway, also known as the Northern Peripheral Road. This location allows easy travel across Delhi, Gurgaon, and the IGI Airport.

Infrastructure Improvements

• The Dwarka Expressway is a 29-kilometer route that decreases travel time and helps in providing greater convenience for both residents and businesses.
• An upcoming metro extension on the Dwarka Expressway will add to the public transit choices.
• It's near the Diplomatic Enclave in Dwarka, bringing significant diplomatic and government offices close by.
• There are many commercial projects, making Sector 113 lively for business and shopping.

Lifestyle and Amenities

• The sector has thoughtfully designed green areas and parks, allowing residents to enjoy peaceful, outdoor spaces.
• Environmental-friendly features include rainwater harvesting, solar energy, and eco-friendly landscaping.
• Luxurious residential developments like M3M Mansion and Smart World include amenities such as spas, gyms, clubhouses, and community centers.

Property Prices and Trends

• The average cost for flats in Sector 113 ranges from ₹13,550 to ₹19,350 per square foot, averaging at about ₹15,800 per square foot over all.
• The real estate market has seen significant value increases: 29.0% in the past year, 84.8% over the last 3 years, and 97.5% in the last five years.

Property Options

• The area features a mix of apartment types: 1 BHK, 2 BHK, 3 BHK, and 4 BHK flats are available.
• Flat prices start at ₹2.83 crores for a 1 BHK rising to ₹5.01 crores for a 2 BHK unit.
• Builder floors are available at ₹12,300 per square foot.

Rental Market

• There’s a solid rental demand in Sector 113, with many premium properties renting for over ₹25,000 per month.
• For instance, a 2 BHK flat in projects like La Vida by Tata Housing can be rented for around ₹38,000 per month.

Investment Outlook

• Real estate in Sector 113 holds promising growth due to excellent connectivity, a strong rental market, and future expansion.
• Ideal for a range of budgets from mid-range to high-end, options abound for residential investments.
• Commercial property investments are equally attractive, with anticipated high occupancy and rental rates.

PropertyWala’s Final Thoughts

Sector 113 in Gurgaon has a draw for buyers, renters, and investors. This area combines upscale living, top-notch connections, and strong real estate value growth. Ongoing infrastructure changes and top-notch amenities make it perfect for modern, convenient living. Its potential for high returns and a robust rental market makes it a top choice for real estate investors and homebuyers.